The cryptocurrency market faced significant turmoil following U.S. airstrikes on Iranian nuclear facilities, which led to Bitcoin falling below the $100,000 mark for the first time since early May, currently priced at approximately $99,843. Ethereum also saw a steep drop, plummeting over 10% to around $2,171. Other cryptocurrencies such as XRP, Solana, and Dogecoin reached their lowest prices in two months, with XRP valued at $1.95, Solana at $127, and Dogecoin at $0.147. Amid this volatility, over $701 million in long positions were liquidated in the crypto market, primarily affecting Ethereum and Bitcoin. Liquidity pressure increased as market capitalization dipped to $3.25 trillion, reflecting a 4.4% decrease in value. Prediction market participants anticipate Bitcoin's price will decline further, signaling growing bearish sentiment among traders in response to the escalating geopolitical tensions.

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